The one thing that many stay-at-home parents struggle with is living on a single income while trying to raise a family at the same time. Before children entered the picture, moms and dads enjoyed the freedom of disposable income, saving a good percentage of your weekly paycheck.
But the moment a couple brings home their first newborn, everything changes. More often than not, one parent decides to stay at home, just because the cost of daycare outweighs that of a second income. This forces at least one parent to sacrifice their career in order to raise their family at home. Many moms and dads do this because they want to stay home during those crucial first few years, while others don’t see it as a choice.
But just because you have a family now, that doesn’t mean you necessarily have to be broke while the other spouse tries to make ends meet. In fact, making money from home is now easier than ever before. With that being said, here are five different and creative ways a stay-at-home parent can generate income from home.
1. Being A Tutor
An easy way to make money is if you become a tutor for local school kids. Before you begin, determine which age or grade level you want to tutor. Think about what age of students you enjoy working with. Choose the subject you want to tutor, get to know the local curriculum and if possible, a tutoring certificate.
Keep in mind though that while tutoring doesn’t require in-state teaching certification, but the majority of companies hiring ask for a bachelor’s degree and some sort of demonstration of expertise in a subject through an exam or other type of assessment.
2. Start A Blog
The easiest way to earn income while staying at home with your children is to either start a mom or dad blog. You don’t necessarily have to blog about your family’s day-to-day life. Instead, you can pick a certain topic and stick with it. It can be about online couponing, style, reviewing baby items, traveling and so on. You start by building a professional blog and networking with others.
If blogging doesn’t seem like your thing, there’s another option: you can also look into being a social media evaluator. They get paid to gather information about a company’s social media strategy and presence – such evaluating the quality and relevance of ads, search results and news feeds - in their market. All you need is a computer, social media accounts, and of course a stable internet connection at home.
3. Become A Photographer
If you’ve got a good eye for photography – trying becoming a professional family photographer! In order to get the word out, start by selling your photos on your own website or upload them to sites like Shutterstock. Also, bring framed copies of your photos to sell at art and craft fairs or try and get your photos displayed at local coffee shops or similar outlets.
The first thing you need to do, of course, is upgrade your equipment. Invest in professional photographer gear. Because if you want clients to take you seriously as a freelance photographer, you can't take photos with your phone or an old point-and-shoot camera.Also, take classes or get on-the-job training. You can also join a local photography group.
4. Start An Etsy Shop
If you are someone who has a special skill, you can easily profit from it by starting your own Etsy shop. It doesn’t matter if you make handmade hair bows, costumes, or customized baby bibs – trendy and hip parents love searching Etsy for all of the greatest and latest styles. Keep in mind though that Etsy is an extremely competitive marketplace, so the price points start low. You’d have to sell a lot of units to make it worth your while.
In addition, you can also clean out some of your closets and perhaps start your own eBay store. The options are limitless. Many stay-at-home parents are surprised just how much money they can make buy selling their used clothing items, knickknacks around the house or even baby gear to other people around the world using eBay. The best part is that you can use the money you made to buy new clothes or better yet, pay off some bills!
This has got to be the easiest way to earn money while still being at home with your small children. Offer to babysit! It doesn’t matter if it’s a neighbor’s child, a cousin, or someone that your family may know through church, your community center or even through a local pre-school. Everyone could use a helping hand, especially parents who go back to work full-time after their maternity period is over.
With the rising costs of daycare, many parents will appreciate a good, trustworthy babysitter who not only opens up their home to their child, but will also watch that same child as if they were their own. And if you have children who are of similar age, that’s another added benefit: your kid get s built-in play date! You can offer your childcare services through word of mouth as well as through social media and personal networks.
Do you have any other ways moms can bring in some extra income?